Blacksburg market report

Blacksburg housing market, June 2009.

In June 2009, 44 homes sold in Blacksburg at a median price of $225,500. In June 2008, 69 homes sold at a median of $249,900. Homes that sold spent a median of 71 days on the market and sold for a median of 96% of their original asking price.

Homes sold

69 a year earlier

$226K

Median sale price

Down 10% from a year earlier

$131

Per square foot

Median, sold homes

Days on market

Median, sold homes

96%

Of asking price

Median sale to original list

New listings

Homes listed this month

Homes in Blacksburg ZIP codes 24060 to 24063 that closed in June 2009. Land excluded.

June 2009

The month in charts.

Sales by type: 29 single-family houses, 8 townhouses and 7 condos.

Median sale price by month

The 13 months through June 2009. Single months move around; the market page shows the 12-month trend.

Median home sale price in Blacksburg by month, 13 months through June 2009
Period	Median sale price
Jun 08	$250K
Jul 08	$206K
Aug 08	$220K
Sep 08	$242K
Oct 08	$255K
Nov 08	$240K
Dec 08	$210K
Jan 09	$188K
Feb 09	$179K
Mar 09	$213K
Apr 09	$270K
May 09	$240K
Jun 09	$226K

Homes sold per month

June 2009 highlighted.

Homes sold in Blacksburg per month, 13 months through June 2009
Period	Homes sold
Jun 08	69
Jul 08	58
Aug 08	37
Sep 08	21
Oct 08	15
Nov 08	14
Dec 08	14
Jan 09	10
Feb 09	19
Mar 09	15
Apr 09	20
May 09	35
Jun 09	44

Sales by price

June 2009.

Under $250K 26 sold
$250K to $350K 13 sold
$350K to $500K 2 sold
$500K to $750K 3 sold

Sales by neighborhood

Neighborhoods with the most sales in June 2009.

University Terrace 3 soldMedian $132K
Deercroft 2 sold
Maple Ridge 2 sold
Echols Village 2 sold
Pheasant Run 2 sold
Cedar Orchard 1 sold
The Glen 1 sold
The Village at Tom's Creek 1 sold
Gladewood 1 sold
Shenandoah 1 sold

Sales

The latest 40 sales.

Final sale prices, newest first.

Homes sold in Blacksburg in June 2009
Address	Neighborhood	Sold	Price	Beds / baths	Sq ft	Per sq ft
Karr LnListing courtesy of RE/MAX 8 - Blacksburg	Gladewood	Jun 30, 2009	$280,000	4 bd / 2.5 ba	2,800 sq ft	$100/sq ft
Mountain BreezeListing courtesy of Coldwell Banker Townside Bburg	Maple Ridge	Jun 30, 2009	$269,500	4 bd / 3 ba	2,248 sq ft	$120/sq ft
Deer RunListing courtesy of NextHome New River Valley	Mossy Springs	Jun 30, 2009	$243,000	3 bd / 2 ba	1,892 sq ft	$128/sq ft
Georgia StListing courtesy of NextHome New River Valley		Jun 30, 2009	$241,000	4 bd / 2.5 ba	2,200 sq ft	$110/sq ft
OwensListing courtesy of RE/MAX 8 - Blacksburg		Jun 30, 2009	$238,000	3 bd / 2 ba	1,652 sq ft	$144/sq ft
Jennifer DriveListing courtesy of Long & Foster - Blacksburg	Pheasant Run Crossing	Jun 30, 2009	$187,000	4 bd / 2.5 ba	1,512 sq ft	$124/sq ft
University TerListing courtesy of Coldwell Banker Townside Bburg	University Terrace	Jun 30, 2009	$134,000	4 bd / 2 ba	935 sq ft	$143/sq ft
HeartwoodListing courtesy of Home Discovery, REALTORS	Maple Ridge	Jun 29, 2009	$284,500	4 bd / 2.5 ba	2,077 sq ft	$137/sq ft
Dehart StListing courtesy of Coldwell Banker Townside Bburg	Airport Acres	Jun 29, 2009	$185,000	3 bd / 1 ba	1,279 sq ft	$145/sq ft
University TerraceListing courtesy of RE/MAX 8 - Blacksburg	University Terrace	Jun 29, 2009	$130,000	4 bd / 2 ba	935 sq ft	$139/sq ft
Wildflower LnListing courtesy of Long & Foster - Blacksburg		Jun 25, 2009	$385,000	4 bd / 3 ba	2,800 sq ft	$138/sq ft
Progress Street NWListing courtesy of Long & Foster - Blacksburg	Shenandoah	Jun 25, 2009	$280,000	5 bd / 4.5 ba	3,071 sq ft	$91/sq ft
CraigListing courtesy of NextHome New River Valley	Northside Park	Jun 25, 2009	$275,000	4 bd / 2.5 ba	2,206 sq ft	$125/sq ft
Falcon RidgeListing courtesy of RE/MAX 8 - Blacksburg	Deercroft	Jun 24, 2009	$599,000	5 bd / 4 ba	4,572 sq ft	$131/sq ft
BrocktonListing courtesy of Long & Foster - Blacksburg	Cedar Orchard	Jun 23, 2009	$440,000	4 bd / 2.5 ba	2,975 sq ft	$148/sq ft
CapistranoListing courtesy of McNeil Real Estate	Mission Hills	Jun 22, 2009	$226,000	3 bd / 3 ba	2,256 sq ft	$100/sq ft
BroceListing courtesy of Long & Foster - Blacksburg	Longview Estates	Jun 22, 2009	$225,000	4 bd / 2 ba	2,050 sq ft	$110/sq ft
Evergreen WayListing courtesy of Long & Foster - Blacksburg		Jun 22, 2009	$217,000	2 bd / 2.5 ba	1,588 sq ft	$137/sq ft
YorkshireListing courtesy of NextHome New River Valley	Oak Manor	Jun 22, 2009	$195,000	3 bd / 3 ba	1,942 sq ft	$100/sq ft
McCoyListing courtesy of Long & Foster - Blacksburg		Jun 22, 2009	$134,000	2 bd / 1 ba	1,613 sq ft	$83/sq ft
SunridgeListing courtesy of Hanna Real Estate	Sundance Ridge	Jun 22, 2009	$108,000	1 bd / 1 ba	576 sq ft	$188/sq ft
PlymouthListing courtesy of Coldwell Banker Townside Bburg	Pilgrim's Pointe	Jun 19, 2009	$214,500	3 bd / 1.5 ba	1,655 sq ft	$130/sq ft
JanieListing courtesy of RE/MAX 8 - Blacksburg	Pheasant Run	Jun 19, 2009	$188,000	4 bd / 2.5 ba	1,480 sq ft	$127/sq ft
Sussex RdListing courtesy of BlueRidge Real Estate	Carriage Hill	Jun 19, 2009	$155,500	4 bd / 3 ba	1,770 sq ft	$88/sq ft
Green Meadow DrListing courtesy of Long & Foster - Blacksburg		Jun 15, 2009	$500,000	6 bd / 4 ba	6,000 sq ft	$83/sq ft
Keisters BranchListing courtesy of Blacksburg Real Estate, Inc.		Jun 15, 2009	$300,000	3 bd / 3 ba	2,003 sq ft	$150/sq ft
GladeListing courtesy of Coldwell Banker Townside Bburg	Karr Heights	Jun 12, 2009	$260,000	4 bd / 3.5 ba	3,032 sq ft	$86/sq ft
University TerraceListing courtesy of Burnette Real Estate Sales & Management Inc.	University Terrace	Jun 12, 2009	$131,500	4 bd / 2 ba	975 sq ft	$135/sq ft
Pheasant Run CtListing courtesy of NextHome New River Valley	Pheasant Run	Jun 10, 2009	$182,500	4 bd / 2.5 ba	1,480 sq ft	$123/sq ft
Kentwood DrListing courtesy of RE/MAX 8 - Blacksburg	Mountain View	Jun 9, 2009	$260,000	4 bd / 3 ba	2,584 sq ft	$101/sq ft
WoodhavenListing courtesy of Coldwell Banker Townside Bburg	Deercroft	Jun 5, 2009	$557,200	4 bd / 3.5 ba	3,980 sq ft	$140/sq ft
KentwoodListing courtesy of Long & Foster - Blacksburg		Jun 5, 2009	$317,000	4 bd / 3 ba	1,990 sq ft	$159/sq ft
McCoyListing courtesy of CENTURY 21 Rice Realty		Jun 5, 2009	$295,000	3 bd / 2.5 ba	1,978 sq ft	$149/sq ft
Whipple DrListing courtesy of Long & Foster-Christiansburg	Echols Village	Jun 5, 2009	$200,000	3 bd / 2.5 ba	1,452 sq ft	$138/sq ft
Emerald StListing courtesy of Coldwell Banker Townside Bburg		Jun 5, 2009	$162,500	3 bd / 2.5 ba	1,312 sq ft	$124/sq ft
HoneysuckleListing courtesy of Coldwell Banker Townside Bburg	The Village at Tom's Creek	Jun 4, 2009	$285,000	3 bd / 3 ba	2,061 sq ft	$138/sq ft
Old Fort RoadListing courtesy of Hanna Real Estate	Montgomery Farms	Jun 4, 2009	$197,000	3 bd / 2 ba	1,431 sq ft	$138/sq ft
KentwoodListing courtesy of NextHome New River Valley		Jun 3, 2009	$298,000	4 bd / 3 ba	1,770 sq ft	$168/sq ft
OrioleListing courtesy of NextHome New River Valley	The Glen	Jun 3, 2009	$289,000	4 bd / 3.5 ba	2,476 sq ft	$117/sq ft
CourtneyListing courtesy of NextHome New River Valley	Echols Village	Jun 3, 2009	$222,500	3 bd / 2.5 ba	1,452 sq ft	$153/sq ft

FAQ

Questions? Answers.

What was the median home price in Blacksburg in June 2009?

The median sale price for homes in Blacksburg in June 2009 was $225,500, across 44 sales on record (land excluded). A year earlier, in June 2008, it was $249,900.

How many homes sold in Blacksburg in June 2009?

44 homes sold in Blacksburg in June 2009, compared with 35 in May 2009 and 69 in June 2008.

How fast did homes sell in Blacksburg in June 2009?

Homes that sold in June 2009 spent a median of 71 days on the market, and 9% sold at or above their original asking price.

Alerts

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